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A comment on Just 137 crypto miners use 2.3% of total U.S. power. Parent comment

Re:Just 137 crypto miners use 2.3% of total U.S. power by mminer237 on Friday February 09, 2024 @11:25AM (#39316471)
Are you implying that we could or should replace USD with BTC? Bitcoin uses over 2% of the energy to process 0.02% of the transactions. Aside from all the geopolitical & economic detriments that would incur, scaling Bitcoin up to the national level would require us to increase our energy production roughly 10000% just to power the mining.

And then you're further implying that doing so meant we could or should disband the military? Uh, I don't know what to say to that other than that there are plenty of non-economic reasons to have militaries.

Bitcoin really is a complete waste of time and energy.

[ Parent | on HN ]
Re:Just 137 crypto miners use 2.3% of total U.S. power by superkuh on Friday February 09, 2024 @11:47AM (#39316887)
Nope. I'm just pointing out that the energy isn't wasted and it's is appropriately proportional to the task it faces.

It would be a much worse world if basic utilities started refusing to provide service just because they had opinions about your usage and emotionally didn't like it.

[ Parent | on HN ]